MarketNews on ETCR
ETCR (OTCBB) EQUITY TECHNOLOGIES & RESOURCES INC
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ETCR Trading Higher On News
THURSDAY , MARCH 28, 2002 02:10 PM
Equity Technologies & Resources Inc (OTCBB:ETCR) is trading higher in the session at this time, on volume that is 721% higher than its 20-day average daily share volume.
The company was mentioned in a news article from the Lexington Herald-Leader Frankfort Bureau today. According to the article, a bill was approved by a Kentucky Senate committee to upgrade the statewide computer database which tracks the sale of restricted narcotics. The company is mentioned in the article for having a patent for this technology. James Kemper Millard, VP of the company, states that it would take about six months to get the system up and running; and the company would raise $500,000 or more through private investors.
The company submitted an NT 10-K to the SEC today.
Popular online message forums have been buzzing about this stock in the session today. Most posters are discussing the article from the Lexington Herald-Leader and today's sharp increase in volume.
Shares of the company are trading higher than three of four moving averages, and at a level between the range of its 20-day and 50-day technical upside price resistance at $0.028 and $0.036 respectively, as calculated by Knobias technical analysis. The stock has a 30-day closing range of $0.022 to $0.032.
Equity Technologies & Resources, Inc. is a holding company for Verified Prescription Safeguards, Inc. Verified Prescription Safeguards, Inc. (VPS), is working eliminate prescription fraud, counterfeiting, forgery, abuse, and negligence while simultaneously assisting primary care providers and pharmacies to control costs, manage time more efficiently, and meet patients’ growing demand for safe and accurate care. Through its wholly owned subsiiary, ETCR M & A, Inc., the Company facilitates mergers and acquisitions in the healthcare industry for the benefit of VPS.
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AI
